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Non-Tech : American Airlines Group, Inc.
AAL 28.40+0.6%Jan 17 4:00 PM EST

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From: Sam8/2/2019 9:26:22 AM
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Delta Air Lines July load factor rises, as traffic growth outpaces capacity
MARKETWATCH 9:13 AM ET 8/2/2019

Symbol Last Price Change
60.32 0 (0%)
QUOTES AS OF 04:00:44 PM ET 08/01/2019


Delta Air Lines Inc. (DAL) reported Friday an increase in July load factor, as a rise in demand outpaced an increase in seat supply. Load factor increased 140 basis points (1.4 percentage points) to 90.0%, as a 250-basis point increase in domestic load factor offset a 20-basis point reduction in international load factor. Traffic increased 5.2% to 23.77 billion revenue passenger miles, with 7.1% growth in domestic and a 2.1% rise in international. Meanwhile, capacity rose 3.5% to 26.41 billion available seat miles, with 4.2% growth in the U.S. and 2.4% growth internationally. Delta's stock, which slipped 0.5% in premarket trading, has gained 4.6% over the past three months, while the NYSE Arca Airline Index has lost 0.8% and the Dow Jones Industrial Average has tacked on 1.1%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
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